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May 15, 2026

Article 3
Time and Manner of Exchange of Information

  1. For purposes of the exchange obligation in Article 2 of this Agreement, the amount and characterization of payments made with respect to a U.S. Reportable Account may be determined in accordance with the principles of the laws of the United Arab Emirates.

  2. For purposes of the exchange obligation in Article 2 of this Agreement, the information exchanged shall identify the currency in which each relevant amount is denominated.

  3. With respect to paragraph 2 of Article 2 of this Agreement, information is to be obtained and exchanged with respect to 2014 and all subsequent years, except that:

    1. the information to be obtained and exchanged with respect to 2014 is only the information described in subparagraphs 2(a) through 2(d) of Article 2 of this Agreement;

    2. the information to be obtained and exchanged with respect to 2015 is the information described in subparagraphs 2(a) through 2(g) of Article 2 of this Agreement, except for gross proceeds described in subparagraph 2(e)(2) of Article 2 of this Agreement; and

    3. the information to be obtained and exchanged with respect to 2016 and subsequent years is the information described in subparagraphs 2(a) through 2(g) of Article 2 of this Agreement;

  4. Notwithstanding paragraph 3 of this Article, with respect to each U.S. Reportable Account maintained by a Reporting United Arab Emirates Financial Institution as of June 30, 2014, and subject to paragraph 3 of Article 6 of this Agreement, the United Arab Emirates is not required to obtain and include in the exchanged information the U.S. TIN of any relevant person if such U.S. TIN is not in the records of the Reporting United Arab Emirates Financial Institution. In such a case, the United Arab Emirates shall obtain and include in the exchanged information the date of birth of the relevant person, if the Reporting United Arab Emirates Financial Institution has such date of birth in its records.

  5. Subject to paragraphs 3 and 4 of this Article, the information described in Article 2 of this Agreement shall be exchanged within nine months after the end of the calendar year to which the information relates.

  6. The Competent Authorities of the United Arab Emirates and the United States shall enter into an agreement or arrangement under the mutual agreement procedure provided for in Article 8 of this Agreement, which shall:

    1. establish the procedures for the automatic exchange obligations described in Article 2 of this Agreement;

    2. prescribe rules and procedures as may be necessary to implement Article 5 of this Agreement; and

    3. establish as necessary procedures for the exchange of the information reported under subparagraph 1(b) of Article 4 of this Agreement.

  7. All information exchanged shall be subject to the confidentiality and other protections provided for in Article 9 of this Agreement, including the provisions limiting the use of the information exchanged.